First American Financial Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.45B | $6.13B | $6.00B | $7.61B | $9.22B | $7.09B | $6.20B | $5.75B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $983.2M | $315.0M | $406.9M | $418.7M | $1.71B | $980.0M | $953.0M | $650.5M |
| Operating Margin | 13.2% | 5.1% | 6.8% | 5.5% | 18.6% | 13.8% | 15.4% | 11.3% |
| Interest Expense | $157.0M | $149.6M | $132.5M | $93.0M | $72.4M | $57.0M | $48.0M | $41.0M |
| Pretax Income | $826.2M | $165.4M | $274.4M | $325.7M | $1.64B | $923.0M | $905.0M | $609.5M |
| Income Tax Expense | $201.0M | $32.8M | $58.9M | $60.4M | $392.2M | $223.0M | $195.0M | $133.6M |
| Net Income | $621.8M | $131.1M | $216.8M | $263.0M | $1.24B | $696.0M | $707.0M | $474.5M |
| Net Margin | 8.3% | 2.1% | 3.6% | 3.5% | 13.5% | 9.8% | 11.4% | 8.3% |
| EPS (Basic) | $6.02 | $1.26 | $2.08 | $2.46 | $11.18 | $6.18 | $6.26 | $4.21 |
| EPS (Diluted) | $6.00 | $1.26 | $2.07 | $2.45 | $11.14 | $6.16 | $6.22 | $4.19 |
| Shares Outstanding (Basic) | 103.3M | 103.9M | 104.3M | 107.0M | 111.0M | 112.7M | 113.1M | 112.6M |
| Shares Outstanding (Diluted) | 103.7M | 104.3M | 104.6M | 107.3M | 111.4M | 113.0M | 113.7M | 113.3M |
| Dividends Per Share | $2.18 | $2.14 | $2.10 | $2.06 | $1.94 | $1.78 | $1.68 | $1.60 |